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SEC Softens Crypto Stance as Sun Eyes Settlement, Gemini Cleared of Probe

Decrypt LogoDecrypt12h ago

SEC Softens Crypto Stance as Sun Eyes Settlement, Gemini Cleared of Probe - Decrypt

Quick Summary:

The SEC is retreating from cases against Tron’s Justin Sun and crypto exchange Gemini, signaling a softer stance on the industry.

The SEC sued Sun in March 2023, alleging his companies conducted over 600,000 wash trades to artificially inflate the TRX token's volume, along with fraud and unregistered securities violations.

He warned that without accountability, similar crackdowns will continue and urged the industry to push for structural reforms to prevent future regulatory overreach.

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SEC Softens Crypto Stance as Sun Eyes Settlement, Gemini Cleared of Probe - Decrypt (Picture 1)

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Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 23:36:58 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 26467369

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About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

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The story "SEC Softens Crypto Stance as Sun Eyes Settlement, Gemini Cleared of Probe" has 476 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "SEC Softens Crypto Stance as Sun Eyes Settlement, Gemini Cleared of Probe" was covered 12 hours ago by Decrypt, a news publisher based in Estonia.

How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 7 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #26467369
  • URL: https://beamstart.com/news/sec-softens-crypto-stance-as-17406142439398

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